Canara Bank reports 19% rise in Q1 consolidated net profit
24th Jul 2019

Canara Bank has reported results for first quarter ended June 30, 2019.

The Bank has reported a rise of 16.90% in its net profit at Rs 329.07 crore for the quarter under review as compared to Rs 281.49 crore for the same quarter in the previous year. Total income of the Bank increased by 6.59% at Rs 14,062.39 crore for Q1FY20 as compared Rs 13,192.46 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported a rise of 19.23% in its net profit at Rs 373.88 crore for the quarter under review as compared to Rs 313.58 crore for the same quarter in the previous year. Total income of the Bank increased by 8.11% at Rs 15,231.72 crore for Q1FY20 as compared Rs 14,089.73 crore for the corresponding quarter previous year.